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Improving business climate has helped to attract investments

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Ministry of Corporate Affairs brings amended CSR rules into effect; here's what changes

Ministry of Corporate Affairs brings amended CSR rules into effect; here s what changes
The Ministry of Corporate Affairs has released a new order notifying the amendments in the CSR rules for companies. It comes into effect starting today.
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The provisions of the
2019 Amendment to the Companies Act, 2013 pertaining to Corporate Social Responsibility (CSR) came into force on January 22.
These rules may be called the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021, a gazetted order released by the
Ministry of Corporate Affairs (MCA) of the Government of India stated.
As per the new provisions, every entity that intends to undertake any CSR activity will have to register itself with the Central Government by filing the form CSR-1 electronically with the Registrar of Companies, with effect from April 1, 2021. ....

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